Property score
74.1
Good
Overall 74.1 · Newer than most nearby homes
1,261 sqft (bottom 48%) · Built in 1981 (5 yrs newer than avg)
Located in a high-income area with median household income of ~118k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Above average
5 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 1%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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74.1 is composed by the two sections below.
Property Score
Community Score
River East
How to read: Share of sales in each ~$50k price band for “river east” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110772
$118K
Median household income
$116K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
17%
Single-person households
32%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
239 Leatherwood Cove — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 163 m).
River East · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
71%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 29% | Bottom 31% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 239 Leatherwood Cove, Winnipeg
Key Characteristics & Appeal
This 1981-built home in River East presents a solid, middle-of-the-road offering in the Winnipeg market. With 1,261 sqft of living space and a 5,526 sqft lot, its size is consistently around the citywide average, offering comfortable space without being oversized. The home’s primary appeal lies in its above-average assessed value for its specific street ($414k vs. a $380.3k street average), suggesting it may have better finishes, condition, or updates than some immediate neighbors. While the lot size is smaller than the River East neighborhood average, it is slightly larger than the average for Leatherwood Cove itself, providing a decent outdoor space in a established setting.
This property would suit practical buyers looking for a move-in ready home in a mature neighborhood, who value being on a street where their investment appears to hold strong relative value. It’s a sensible choice for first-time buyers stepping into a family-friendly area or downsizers seeking a manageable property without compromising on neighborhood amenities. A thoughtful perspective is that its “around average” metrics across the city indicate stability and easier future comparables for appraisal, reducing the risk of overpaying for an atypical property.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in March 2018. Its current assessed value of $414k is above the street’s average, indicating perceived growth or improvements. For verified, exact historical sale prices, you can request a manual lookup via email.
2. Is the lot size a disadvantage?
The lot is smaller than the broader River East average but is actually slightly larger than the average lot on Leatherwood Cove itself. It offers standard suburban outdoor space without the maintenance of a much larger yard.
3. What does the “Above Average” assessed value ranking on the street mean?
Ranked 17th out of 77 homes on Leatherwood Cove for assessed value, this suggests the municipality views this property as being in the top quarter on its street in terms of value, likely due to factors like condition, updates, or specific attributes not reflected in square footage alone.
4. The home was built in 1981. Is that a concern?
While it’s slightly older than the immediate street average (1982), it is newer than both the neighborhood (1976) and citywide (1966) averages for comparable homes. This indicates a neighborhood of well-established homes, and a 1981 build likely means modern foundations like poured concrete basements, but systems (roof, HVAC) may be due for updates.
5. Where can I see how this property compares visually to its neighbors?
You can use the provided link to open a neighborhood map analysis, which visually compares nearby houses by year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
